It's one of the suggested no go zones when pinhooking a weanling into a yearling sale.
Steer clear of buying weanlings by second crop sires.
The risk with buying these babies is if the sire's first crop runners don't fire early, before your yearling goes to the sales, the fickle market can certainly downgrade the value of that sires progeny.
In order to take out that risk, the unwritten rule is to stick to proven stallions or commercial first year stallions. The logic here is that a proven stallion has ready buyers given his progeny have been successful on the track.
As for buying the stock of first season sires, well nobody can pot his progeny yet. He simply hasn't had any to the track. I guess the theory amongst the marketers is that he's going to be a great stallion until proven otherwise!
So it was with some trepidation that we ended up buying a filly by Darley stallion Dawn Approach at the Inglis Great Southern Sale in May this year.
The filly, out of the Exceed And Excel mare Big Birdie, was a really athletic and strong type of weanling. She was a stand out of all the weanlings we inspected.
Only thing was we were going to have to step into the uncomfort zone and buy a weanling by a second crop sire.
We ended setting a lower mark for this filly (due her being by a second crop sire) and she was secured for $44,000.
Six months later and it looks like the decision to venture into the uncomfort zone could pay dividends with a daughter of New Approach hitting the Sydney racing scene.
After winning her first start at a maiden in Canterbury by 5 and a half lengths, Gongs was a short priced favourite on Saturday in a $100,000 open 2yo race at Rosehill.
After pinging the gates from a wide alley Gongs sat three wide with no cover early but a smart Kerrin McEvoy asked her to come back and she settled one off the fence just off the speed in third position. She never looked in danger in the straight and went on to win the race in good fashion by a length and a half.
Godolphin representative Darren Beadman was full of praise for the daughter of Dawn Approach.
"They didn't hand it to her on a silver platter, she had to do some work and still got the job done,"
"I'm a huge fan of Dawn Approach and I think he's got a very special filly here."
The demeanour of the filly, she's nice and relaxed, she conserves her energy."
"She has a real touch of brilliance and class about her. Mentally she's like a four year-old mare!"
Gongs is now equal 3rd favourite for the Golden Slipper at 15/1. And his sire leaped up the first season sire table and now stands in second position behind Spirit Of Boom.
And now breeders who have a yearling by New Approach are grinning ear to ear.
Let's just hope a couple more of Dawn Approach progeny win some more races leading up to the sales.
Or is that being just plain greedy!
(UPDATE - Since this story was written Dawn Approach had another city winner in Sydney with a horse called Condemned. Full story here)
Daughter of Dawn Approach, Gongs makes it two from two at Rosehill on Saturday.